Vaswani Industries Ltd

About Vaswani Industries Ltd

Vaswani Industries Ltd is an Indian manufacturer of steel products, primarily sponge iron, mild steel billets, and TMT re-bars. Operating an integrated steel plant in Raipur, Chhattisgarh, the company serves the construction and infrastructure sectors by producing essential raw materials and finished steel products, complemented by captive power generation.

Key Financial Ratios

• P/E Ratio (TTM): Price to Earnings ratio shows how much an investor pays for every rupee of the company's earnings. Vaswani Industries Ltd's P/E ratio (TTM) is 17.90, compared to the industry median of 17.93 and large cap median of 19.91.

• P/B Ratio: Price to Book ratio compares a company's market price to its book value per share. Vaswani Industries Ltd's P/B ratio is 1.30, compared to the industry median of 3.19 and large cap median of 3.04.

• P/S Ratio: Price to Sales ratio compares a company's market value to its total revenue. Vaswani Industries Ltd's P/S ratio is 0.48, compared to the industry median of 0.51 and large cap median of 0.51.

• PEG Ratio: PEG ratio adjusts the P/E ratio for expected earnings growth. Vaswani Industries Ltd's PEG ratio is 0.50.

• EV/EBITDA Ratio: This ratio compares a company's enterprise value to its earnings before interest, tax, depreciation, and amortization. Vaswani Industries Ltd's EV/EBITDA ratio is 15.17.

• Return on Equity (ROE): ROE measures how much profit a company generates from shareholders' invested capital. Vaswani Industries Ltd's ROE is 6.57%.

• Return on Assets (ROA): ROA measures how efficiently a company converts its assets into net profit. Vaswani Industries Ltd's ROA is 7.46%.

• Return on Capital Employed (ROCE): ROCE measures how efficiently a company generates profit from all the capital it employs. Vaswani Industries Ltd's ROCE is 5.22%.

• Operating Margin: Operating margin shows what percentage of revenue remains after covering operating expenses. Vaswani Industries Ltd's operating margin is 6.55%.

• Net Margin: Net margin shows what percentage of revenue converts into final net profit. Vaswani Industries Ltd's net margin is 2.18%.

• Current Ratio: The current ratio measures a company's ability to pay short-term liabilities using short-term assets. Vaswani Industries Ltd's current ratio is 1.57.

• Debt to Equity Ratio: This ratio shows the proportion of debt a company uses relative to shareholders' equity. Vaswani Industries Ltd's debt-to-equity ratio is 0.79.

• Interest Coverage Ratio: This ratio shows how easily a company can pay interest on its outstanding debt from its operating earnings. Vaswani Industries Ltd's interest coverage ratio is 2.62.

• Dividend Per Share (DPS): DPS shows the total dividend paid per share in the latest financial year. Vaswani Industries Ltd's DPS is ₹0.

• Earnings Per Share (EPS): EPS shows how much profit is allocated to each outstanding share. Vaswani Industries Ltd's EPS is -8.97.

(Source line: "Ratios as of 20 Feb 2026, based on last traded price of ₹59.98. Data sourced from BSE/NSE Exchange Filings & Public Terminal Data.")

Key Facts

• Founded: 2003
• Headquarters: Raipur, Chhattisgarh
• Core Offerings: Sponge Iron (DRI), Mild Steel Billets, TMT Re-Bars, Captive Power Generation
• Stock Listing: NSE (VASWANI), BSE (533576)
• Promoter: Vaswani Group / Mr. Kailash Vaswani

History of Vaswani Industries Ltd

• 2003: Incorporated as Vaswani Industries Limited.
• 2006: Commenced commercial production of Sponge Iron at its plant in Chhattisgarh.
• 2010s: Expanded manufacturing capacities, including the establishment of an Induction Furnace for MS Billets and a Rolling Mill for TMT Re-Bars.
• Present: Operates as an integrated steel manufacturer with a focus on value addition and captive power generation to support its operations.

Business Segments and Revenue Mix

• Manufacturing of Iron & Steel Products: Produces Sponge Iron (Direct Reduced Iron - DRI) using the rotary kiln process, utilizing iron ore and coal. This sponge iron is further processed into Mild Steel Billets via induction furnaces and subsequently into TMT (Thermo Mechanically Treated) Re-Bars through its rolling mill, catering to the construction and infrastructure industries.
• Power Generation: Operates a 15 MW captive Waste Heat Recovery Boiler (WHRB) based power plant. This facility primarily fulfills the internal energy requirements of its manufacturing units, contributing to operational efficiency and cost management.

Key Personnel

Mr. Kailash Vaswani - Chairman & Managing Director: A seasoned entrepreneur with extensive experience in the steel industry, he has been instrumental in leading the company's strategic growth and operational expansion since its inception.

Subsidiaries and Associate Companies

No major subsidiaries reported.

Corporate Actions

No major recent corporate actions on record.

References

1. Annual Report 2022-23
2. Exchange Filings (NSE/BSE)
3. Company Website (vaswaniindustries.com)